Most borrowers delay major life events because of student loan debt: survey
Student loan debt has pushed a majority of Americans to delay major life events, a Gallup survey said.
Mortgage rates push higher with no relief in sight: Freddie Mac
The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.
Fed holds interest rates higher for even longer as inflation remains high
The Federal Reserve announced it would maintain the federal funds rate at 5.25% to 5.5%, where rates have held steady since last July.
Consumers see higher auto payments in exchange for better borrowing rates
Car loan terms have shortened as buyers with better credit seek cheaper rates for higher monthly payments, a recent Experian report said.
Home prices climb 6.4%, hit new record high in February: Case-Shiller
Home prices are now 6.4% above their level last year, up from the 6% increase registered in January.
Americans adjust retirement goals up 15% but savings drop: survey
U.S. adults believe they will need at least $1.46 million to retire in style, a Northwestern Mutual survey said.
Biden's new student loan forgiveness plan would cost an extra $84 billion: report
Biden has proposed a plan B student loan forgiveness proposal that would cost taxpayers an extra $84 billion, a recent Penn Wharton analysis said.
Many Americans spend more than 30% of their take-home pay on a mortgage: survey
Homebuyers ready to take the plunge in today's housing market have had to sink a bigger portion of their paychecks into mortgage payments and make significant cuts to everyday spending, a recent survey said.
Drop in fuel demand and oil prices sends gas prices lower: AAA
The national average cost for a gallon of gas declined as demand for fuel and oil prices dropped.